Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach.
[Update 13:30 UTC, Sept. 8: Adds the $400 million purchase price and stock payment terms disclosed in Circle’s SEC filing.]
Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock deal expected to close in 2027.
Circle will pay in Class A common stock, with the purchase price subject to adjustments for Tazapay’s debt, transaction expenses and cash, according to a filing with the US Securities and Exchange Commission.